Sunrise Preschool | Surprise, AZ | 2024 NNN Build to Suit - Long Term Corporate Lease

17189 W Greenway Rd West Greenway Road Surprise, AZ 85388

17189 W Greenway Rd West Greenway Road , Surprise, AZ, 85388
17189 W Greenway Rd West Greenway Road , Surprise, AZ, 85388 17189 W Greenway Rd West Greenway Road , Surprise, AZ, 85388 17189 W Greenway Rd West Greenway Road , Surprise, AZ, 85388
FOR SALE NNN Property
Property Type:
Schools/Education
Amount:
$5,616,000
Cap Rate:
6.75%
Last Verified:
Jun 27, 2024

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EXCELLENT SITE VISIBILITY Located less than 1 mile off Loop-303 at the signalized intersection of Cotton Lane and Greenway Road, two major-arterial roads seeing ±35,100 VPD (Source: 2024 SitesUSA). HIGH PERFORMING RETAIL CENTER Adjacent Fry’s Marketplace, Goodwill, and Little Caesars all rank in the top 10% for visits in Arizona and the numerous other national tenants contribute to a strong retail corridor (Source: Placer.ai). TENANT-SUITED FAMILY DEMOGRAPHICS With a population of nearly 133,000 residents in a 5-mile radius and an average household income of over $105,000, this location is well suited for a childcare tenant to see long-term success (Source: ArcGIS). DEVELOPMENT DENSE AREA Prominent developments in the area promise to bring retail, including Village at Prasada (±110 acres) less than 2 miles away, industrial, and over 35,000 units for both multi family and single family homes in the coming years.

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Map of 17189 W Greenway Rd West Greenway Road , Surprise, AZ, 85388

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.